What To Bet Your 1st Time

We had a reply from someone on Twitter last week in response to this tweet of ours:

They asked if we could explain in plain English what we were talking about. To answer the question: the most probable exotic plays are the exactor (horse 1 & 2 in the right order) and triactor (horse 1, 2 & 3 in the right order) bets that are the most likley to win. Exactors and Triactors are also sometimes referred to as Perfectas and Trifectas respectively.

Horse racing is based on a parimutuel betting sytem which means that the total bets are combined into a pool. The racetrack takes it's cut (the takeout) and the remainder is split amoung winning bettors. That is why the most probable horses generally pay less in return, because more people have bet on them and hence the wagering pool divided among many. The behavior of bettors is what causes the odds to change right up to post time.

If you are a horse race novice, we recommend you start with:

• a simple win bet (1st place) or,
• a win, place (2nd place) and show (3rd place) bets

This is sometimes referred to as betting "across the board". As you get more acquainted with the sport you can evolve your strategy to include more complex exotic bets.

Starting today, we will tweet some of these simple bets to help beginners get started. Follow us to get yours @whatwins.

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What To Bet Your 1st Time

We had a reply from someone on Twitter last week in response to this tweet of ours:

[read more]